Oxford, NY is a small town located in Chenango County. It is home to several local businesses that offer a variety of services and products to residents. Oxford offers a low cost of living when compared to the national average – according to the given content, 2-bedroom rent is $840, significantly lower than the US average of $1,430. Additionally, grocery costs are much lower, with an index score of 97 versus the national average of 100. This small town also offers a variety of local companies such as Oxford Auto Care and Salvage, Castillo's Collision Repair Inc., and Chenango Valley Pharmacy, which provide services for vehicle repairs, auto body work and pharmaceutical goods respectively.
Oxford has an unemployment rate of 6.3%. The US average is 6.0%.
Oxford has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Oxford
- The Sales Tax Rate for Oxford is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Oxford is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oxford
- The average income of a Oxford resident is $28,072 a year. The US average is $37,638 a year.
- The Median household income of a Oxford resident is $53,326 a year. The US average is $69,021 a year.